【$ETH ETHUSDT Futures 1-Hour Chan Theory Observation】
Data as of October 12, 00:00 Beijing time; only closed candles are used.
Market structure: After breaking upward out of the 2496.12–2518.49 consolidation range, two consecutive 1-hour candles closed above the upper boundary. Latest close: 2549.15.
Confirmed pattern: A follow-through close after the break above 2518.49 has occurred; price has not yet fallen back into the original consolidation range.
Key price levels:
Breakout level to watch: 2518.49
Recent closed-candle high: 2549.15
Lower boundary of the consolidation: 2496.12–2497.25
What to watch: Wait to see whether subsequent 1-hour candles continue to hold above 2518.49. If price closes back inside the original consolidation range, the validity of the breakout should be reassessed. For market observation only; this is not trading advice.
#ETH #ETHUSDT #缠论
Data as of October 12, 00:00 Beijing time; only closed candles are used.
Market structure: After breaking upward out of the 2496.12–2518.49 consolidation range, two consecutive 1-hour candles closed above the upper boundary. Latest close: 2549.15.
Confirmed pattern: A follow-through close after the break above 2518.49 has occurred; price has not yet fallen back into the original consolidation range.
Key price levels:
Breakout level to watch: 2518.49
Recent closed-candle high: 2549.15
Lower boundary of the consolidation: 2496.12–2497.25
What to watch: Wait to see whether subsequent 1-hour candles continue to hold above 2518.49. If price closes back inside the original consolidation range, the validity of the breakout should be reassessed. For market observation only; this is not trading advice.
#ETH #ETHUSDT #缠论